Claims – Page 109
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NewsOpinion: Will brokers end up as the BI fall guys?
Outcome of FCA business interruption test case eagerly awaited
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FeaturesFCA test case could be death knell for brokers’ PI cover if insurers win
Industry voices fear the fallout of the regulator’s test case on the broker PI market, predicting that it could become ‘a backstop for the entire business interruption industry’
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NewsDirect Line Group buys insurtech Brolly
Direct Line Group has acquired insurtech Brolly, but the deal is not expected to close until Q3 2020.
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NewsInsurance industry backs government’s flood investment plans in fight against climate change
The insurance industry has commended the Department for Environment, Food and Rural Affair’s (DEFRA) record investment £5.2bn as it sets out long-term plans to mitigate flood risks against the backdrop of climate change. Many agree that a common goal must be established to reduce the damage caused by flooding.
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NewsMotor premiums fall, but Covid-19 claims uncertainty remains
Pricing for the new normal that will emerge post-coronavirus will be difficult for insurers to navigate, says Willis Towers Watson
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NewsLemonade enters pet health insurance market
US-based insurtech Lemonade has entered the pet health insurance market following its move to file for an IPO.
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NewsClaims Excellence Awards Finalist 2020 Q&A: Sedgwick shows compassion to vulnerable customers
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October at Kensington’s Royal Garden Hotel
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NewsAfrican-Caribbean Insurance Network berates insurers for lack of ethnicity pay gap reporting
Group calls for industry to commit to establishing data on their ethnicity pay gap, among other measures
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Online onlyClaims Excellence Awards Finalist 2020 Q&A: Clegg Gifford cuts claims leakage from 10% to 2%
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October at Kensington’s Royal Garden Hotel
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FeaturesHNW Focus: HNW capacity enjoys ‘resurgence’ despite economic Covid constraints
Although the Covid-19 pandemic has caused an economic recession across most industry sectors, the high net worth market is surprisingly buoyant. Insurance Times explores the key capacity trends within this sector.
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NewsClaims could surge as lockdown sees UK driving standards slip
British motorists let their driving standards slip during lockdown, according to new research
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NewsFCA says insurers ‘have been adopting an unduly narrow approach’ for Covid BI claims
The regulator plans on using its test case to ensure business interruption claims are considered without the ‘inappropriate roadblocks that insurers have put in policyholders’ way’
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NewsInsurance industry BAME retention issue ‘down to culture’ – African Caribbean Insurance Network
The insurance industry has long had an issue with retaining black and ethnic minority staff and this is ”down to culture”, this is according to the African Carribean Insurance Network.
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NewsAfrican Caribbean Insurance Network reveals six steps to racial inclusion in London Market
The African Caribbean Insurance Network (ACIN) has revealed its six recommendations to boost racial inclusion in the London Market.
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NewsFlood Re endorses government investment and scheme changes
Flood Re has endorsed the government’s plans to invest in the UK’s flood resilience and the changes to the scheme.
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FeaturesHNW Focus: How can high net worth providers prove their value under current conditions?
The high net worth market has a distinct USP of providing a specialist service with a personal touch - but as Covid-19 causes face-to-face interaction to dwindle while digital communications take the reins, is the sector therefore suffering? Industry experts share their views
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NewsCovid-19 pandemic increases awareness of insurance coverage – Guidewire
The pandemic has increased consumer awareness of insurance coverage, and almost one in three (31%) said that they would be more careful in understanding what their insurance policy covers.
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NewsThe Big Question July/August 2020: What lines of business will harden or be most exposed following Covid-19?
In Insurance Times’s July/August 2020 issue, we ask the insurance market which business lines they thought might harden and which might be the most exposed following the coronavirus crisis.
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NewsIndependent travel agent offers cover for Covid-19 and pandemics
The comprehensive travel insurance is supplied by Rush Insurance Services and Allianz
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NewsWebinar Brokers & coronavirus: What challenges will brokers face post-covid and what role will technology play this year and beyond
The Covid-19 pandemic has not come without controversy to the insurance industry, this is the second in a series of webinars, our expert panel discuss what brokers are doing to overhaul their businesses and adopt more digital methods.
